Nexi puts on the plate 600 million euros between dividends and repurchase of their own shares (Buyback), showing that 2024 was a year of solid and profitable growth for investors. The digital payments group closes the exercise with financial results in line with the expectations It is a net profit of 731 million euros, an increase of 4.1%. Expansion revenues at 3.51 billion euros (+5.1%) and gross operating margin growing 7.1%to 1.86 billion euros, with a marginality that strengthens 53%.
The group has been able to play its cards well, exploiting the synergies and efficiencies deriving from the integration of its activities. Cost optimization and operational rationalization have made their contribution. Not surprisingly, the numbers are perfectly part of the expectations of the market, as confirmed by the estimates updated to 14 February 2025.
Nexi, growth in the fourth quarter
In the last quarter of 2024, Nexi continued to push the accelerator with revenues that have reached 942.4 million eurosincrease of 3.7% compared to the same period of the previous year. The gross operating margin followed the same rhythm, touching the 513.3 million euros (+6.7%), while the ratio between operational profit and revenues broke through 54%, earning 153 basis points.
On the financial front, the company reduced the weight of the debt: as of 31 December 2024, the net management position was amounting to 4.97 billion euros, with a debt/grown ratio at 2.7 times, which is further lowered to 2.4 without considering the program for the recourse of shares. The average duration of the debt is approximately 2.4 years, with an average cost of 2.7%.
The excess cash generation continued to strengthen, reaching i 717 million euros in the yearwith a 19% leap compared to 2023. A push that confirms the group’s ability to transform business into liquidity for shareholders.
Forecast for 2025
Nexi looks forward with prudence, predicting a growth of revenues under 5% on an annual basis. The rhythm slows down because of the sale of some acquiring activities by banking institutions and the revision of weight contracts.
2025, however, also brings wider margins: it is aimed at at least 50 more basic points, while the excess case is intended for exceed 800 million euros. A signal that the group is not simply managing the present, but is building a solid strategy for the future.
Started the distribution of dividends
The Board of Directors has announced the distribution proposal of a dividend of 300 million euroswhich will be submitted to the approval of the shareholders’ meeting scheduled for the April 30, 2025. The proposed coupon amounts to 0.25 euros per share.
In addition, the company has announced a new program for the recourse of its own shares for a value of 300 million euros to be carried out during the year. Overall, the capital returned to shareholders in 2025 will reach 600 million euros, marking a 20% increase compared to the previous year.
